Back on the Potash Bandwagon
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I just added some Oct 180 Potash Calls (PYPJP). Looks like the stock has been significantly beaten down. While my earlier call on how far it would go down was off, I do [...]
How to trade a Potential Potash Union Strike
Pattern Day Trader Rules Hurt
Last week I felt the wrath of being tagged as a “Pattern Day Trader.” Last Tuesday I had a few good trades selling some Potash for some small, but respectable gains. I was watching Freddie Mac (FRE) and decided to buy on Wednesday. I entered a buy order for Oct 08 [...]
POT - Don’t Abandon Ship
Some of you may have followed my June 30 trade and advice to get back into POT. And some of you may have gone through some frustration at my advice. I purchased my Calls when POT was at the $227 level. Since June 30, POT has dipped to as low as $197.17. [...]
